What is a LIRP? | Life Insurance Retirement Plan
LIRP is really Cash Value Life Insurance and utilizing Indexed Universal Life Insurance. What LIRP Can do? 1. Tax-free growth (Tax Code Section 7702) 2. Indexed (downside protection) 3. Death Benefit + Long-term Care Benefit The downside is Fees (1½ %) If you’re looking for tax-free growth this is a good tool and not touching… Read more »